Which of the Following Statements Is FALSE

Which of the following statements is FALSE?

A) Several high profile corporate scandals during the early part of the twenty-first century prompted tougher regulations designed to address corporate abuses.
B) The major advantage of undertaking an IPO is also one of the major disadvantages of an IPO: When investors diversify their holdings, the equity holders of the corporation become more concentrated.
C) Once a company goes public, it must satisfy all of the requirements of public companies.
D) Organisations such as the Australian Securities and Investments Commission (ASIC) , the Australian Securities Exchanges (ASX) , and other regulatory authorities adopted new standards that focused on more thorough financial disclosure, greater accountability, and more stringent requirements for the board of directors.